Propylene markets in Europe weakened on Wednesday, with both CIF NWE and spot polymer-grade prices retreating amid sluggish demand and growing inventory pressure. CIF NWE prices dropped by €20/ton, settling at €720–730/mt, while spot polymer-grade propylene also fell to €710–720/mt FD NWE, reflecting buyer caution and oversupply ([turn0search0]). Market sources noted that weak fundamentals diminished […]
Propylene prices in Korea fell modestly on Wednesday amid weakening regional demand, while Chinese pricing remained unchanged. FOB Korea assessments dropped by USD 10/mt, settling at USD 725–735/mt, from Tuesday levels. A market insider attributed the slide to “weak regional buying sentiment,” as downstream converters remained cautious and refrained from restocking. In contrast, CFR China propylene prices […]
Borouge Plc, the UAE-based polyolefins major, posted a second-quarter net profit of $193 million in 2025, outperforming market forecasts despite a scheduled turnaround at its Borouge 3 facility. The company maintained healthy margins and reaffirmed plans to increase its full-year dividend, signaling strong financial health and investor confidence. Second-quarter adjusted EBITDA came in at $440 […]
In a bold move signaling China’s next stage of petrochemical ambition, Shandong Yulong Petrochemical has proposed a ¥117.86 billion (USD 16.42 billion) project to integrate high-value petrochemical production into its sprawling Yantai refinery complex. Derived from a government notice issued by the Ministry of Natural Resources and reported by Jiemian News, the plan outlines a major transformation: feedstocks […]
The Dalian Commodity Exchange futures contracts for July 30, 2025 showed mixed performance across key polymers, with LLDPE turning positive, PP flat to slightly lower, and PVC edging down, while MEG held steady against unchanged currency conditions (USD 1 = CNY 7.18). LLDPE (Contract l2509) opened at RMB 7,399 (USD 856), traded between RMB 7,432–7,369, and closed at RMB 7,387 (USD 855), […]
Propylene prices in Europe remained unchanged on Tuesday, with both spot and CIF NWE levels holding steady amid a stable supply backdrop and cautious buyer behavior. A regional industry source, speaking on condition of anonymity, noted that the European propylene market maintained price stability due to ample material availability. Buyers continued to purchase only essential […]
Asia’s propylene prices remained unchanged on Tuesday, holding steady in the face of bullish crude and naphtha trends. According to a regional industry source speaking to our respondents on condition of anonymity, subdued buying sentiment quelled any upward pressure while pricing levels stayed flat. FOB Korea propylene remained at USD 735–745/mt, unchanged from Monday. CFR […]
Futures trading on the Dalian Commodity Exchange (Contract 2509) on 29 July 2025 showed a mixed performance across polymer segments, with market dynamics reflecting shifting sentiment and directionality within Asia’s polyolefin complex. Polypropylene (PP) futures rose to CNY 7,160/ton, up CNY 13, with the USD equivalent closing at $884/ton, marking a modest increase of $2. Meanwhile, LLDPE futures advanced […]
Propylene prices in Asia remained unchanged on Monday, despite an uptick in energy values. According to a market source speaking to Polymerduniya, cautious sentiment from buyers counterbalanced the upward pressure from rising crude oil prices, resulting in a stable pricing environment across the region. “Even though crude prices have been climbing, Asian propylene prices did […]
A Polymerduniya source in Pakistan reports that a Saudi Arabian producer has floated an offer for polypropylene raffia grade, priced at USD 1,060 per tonne CFR Karachi for August 2025 shipment. This offer comes amid generally soft regional levels where prevailing PP raffia pricing in Pakistan fell within the USD 930–960/mt band recently, indicating that the Saudi-origin […]
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